Jim,
From talking to Mary Lou, if you go to their web site, they have an audio of the conference call, which I missed, and which is not available anywhere else. I can't listen to it because I don't have a sound card in this computer, so if you listen to it, I would really appreciate a summary. Mary said that they and the analysts were up-beat, but that they think that several shorts were on the phone and were trying to make noise about the $6M debt retirement. These stupid shorts are really frustrating! What the heck do they think is going to happen with this company? That it is going to suddenly start loosing money now after all this? I don't see how this is a smart short right now! Or maybe they are just playing the cycles from 14-17, and are milking it! That's probably what it is, although why they wouldn't have closed out more of their positions and taken the profit makes no sense to me! Hopefully some more analysts will put out buy recommendations and the next quarters financial's will be a little bit simpler!
Thanks for your analysis of the situation, it gives me further encouragement to see that someone else thinks that this is for real, and not just company hype!
Kevin |
